- Managers of Wealth - Europe - Wealth, private banking and asset management news and opinion

Liechtenstein Bank Gets Non Prosecution Agreement, To Pay $23.8 Million

The NPA provides that LLB-Vaduz will not be criminally prosecuted for opening and maintaining undeclared bank accounts for U.S. taxpayers from 2001 through 2011

Paris tax hunt sends French to Switzerland

Her comments came after Paris and Bern signed a deal earlier this month changing the way cross border inheritance is taxed, as part of a French drive to rake in taxes.

Italy and Vatican Sign Tax Agreement

Italy and the Vatican have laid the groundwork for future cooperation in the fight against financial crimes.

U.S. Seeks PNC, Wells Fargo, JP Morgan Records To Find Tax Cheats--From Norway

In the latest example of how the world’s wealthy nations have ramped up cooperation against offshore tax evasion

Dolce & Gabbana Could Close its Doors in Wake of Tax Evasion Fines

Dolce & Gabbana tax evasion scandal

Global impact of ‘Offshore Leaks’ grows

The global impact of our latest international investigation has been astonishing

Baker Tilly makes move on beleaguered rival RSM Tenon

The beleaguered accountancy firm that narrowly avoided collapse last year after discovering “significant errors” on its books could be snapped up by a smaller rival.

Italian PM Enrico Letta pledges war on tax evasion

Italian prime minister Enrico Letta pledged to "fight relentlessly" against tax evasion in the recession-hit country, as the government pushed new growth measures through the lower house of parliament.

German tax dodgers turn over new leaf

The German authorities have been able to wave a big stick since purchasing a number of CDs purportedly containing sensitive Swiss bank client data

German and Italian banks should move to UK if FTT introduced, says Boris Johnson

The Mayor of London said that banks across the Eurozone were likely to flock to the UK if the European Union went ahead with the new charge

Rules on international tax evasion could be in place in 2014: OECD

The plan calls for a universal and automatic exchange of financial information

Ex-HSBC employee hopes for widening of Europe tax probe

The investigations were blocked in various countries due to a lack of knowledge about the objective and the scale of the problem,

The accord is meant to counter tax evasion and avoidance

Macau and Malta have agreed to work together to prevent tax evasion and tax avoidance.

Closing tax gaps - OECD launches Action Plan on Base Erosion and Profit Shifting

National tax laws have not kept pace with the globalisation of corporations and the digital economy, leaving gaps that can be exploited by multi-national corporations to artificially reduce their taxes.

FATCA | Registration Portal delayed and certain deadlines extended - Withers

On July 12, 2013, the Internal Revenue Service announced revised timelines in connection with the staged implementation of the various due diligence, verification, withholding, and reporting requirements

Swiss arrest witness in French tax fraud probe

It said it had handed all evidence in the case to the Swiss attorney general's office.

Romanian prosecutors start searches into EUR 6 mln tax evasion ring

The Police recently started searches in Bucharest and in 26 Romanian counties

MPs looking into Prince Charles' tax affairs

The prince did pay a £4.4m tax on the estate but MPs are investigating whether the current arrangement is just.

HMRC halts £135m stamp duty avoidance scheme

The stamp duty sub-sale and alternative finance scheme had been notified by Clifford Chance under the Disclosure of Tax Avoidance Schemes regulations

UBS's German offices searched in ongoing tax probe of clients

UBS said some of its German offices were searched in connection with an ongoing tax probe of the Swiss bank's clients